AIG job cuts anticipated as market awaits Q3 results
All eyes will be on AIG early next week as anticipation mounts that
it will use its third quarter results and earnings call to unveil
meaningful cost-cutting measures that will include a headcount
reduction.
In recent weeks well-placed market sources have provided growing
anecdotal evidence of a cost rationalisation programme being
instituted by AIG that will include a plan to meaningfully reduce
its estimated 65,000 workforce.
And potential cost-cutting measures at the US insurance giant
have b
Read more »